Techmeme
June 29, 2025, 9:20 PM

Top News

Zoë Schiffer / Wired:
Memo: OpenAI's Mark Chen responds to Meta offers, says it feels like “someone has broken into our home and stolen something” and OpenAI is “recalibrating comp”  —  As Mark Zuckerberg lures away top research talent to Meta, OpenAI executives say they're ‘recalibrating comp,’ according to an internal memo.
Noah Smith / Noahpinion:
Elon Musk calls the Senate tax bill “utterly insane” as it raises taxes on nuclear and geothermal energy and battery storage, which are crucial for AI training  —  Trump's “Big Beautiful Bill” is an attack on American energy production.  —  There are many things to despise …
Anthony D'Alessandro / Deadline:
The F1 movie gives Apple its first box office hit, opening to $144M worldwide and $55.6M in the US; it was pushed on Apple Music, Podcasts, Fitness+, and Wallet  —  It's a win for racing car movies.  It's a win for Zack Van Amburg and Jamie Erlicht led Apple Original Films on the big screen …
Scott Werner / Works on My Machine:
MCP has promise beyond AI, and could serve as a “universal plugin system” that connects disparate data sources and tools together to enable new capabilities  —  Or: The Day My Toaster Started Taking Phone Calls  —  There's this thing about USB-C that nobody really talks about.
Bloomberg:
China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech industry, particularly in areas like AI  —  After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye …
Yuliya Chernova / Wall Street Journal:
Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies  —  The investor in Anthropic and other artificial-intelligence companies is raising about $1.5 billion for new venture funds
Wall Street Journal:
A profile of OnlyFans' secretive founder Leo Radvinsky, as the platform's parent company is considering a sale for as much as $8B, according to sources  —  Leo Radvinsky is asking as much as $8 billion for the platform he popularized for sex workers and others producing explicit content, even as he personally avoids the spotlight
Forums: r/technology
Cate Lawrence / Tech.eu:
Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech  —  With 60 per cent of venture capital now flowing into deeptech, the country outpaces global peers and redefines what a small market can achieve. .

Sponsor Posts

Airtable:
The central nervous system of your business  —  Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system.  With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Zoho MCP: Launching the future of work  —  Picture your SDR's Monday morning.A deal just closed.  Normally that means: update the CRM record, create a Books invoice, open a Desk ticket for onboarding …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Invest Like the Best:
Shyam Sankar - Celebrating Heretics
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
How Sierra Is Pulling Ahead in the AI Race | Co-founder Bret Taylor
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The most successful AI company you've never heard of | Qasar Younis
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
AI Revenue Explodes, Dario's Memo, McDonald's CEO's Baby Burger Bite
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
OpenAI's Fog of War + Betting on Iran + Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:20 PM ET, June 29, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Tara García Mathewson / The Markup:
Nicole Froio / The Verge:

Earlier Picks

Steven Levy / Wired: